U.S. General Services Administration
New Procurement Co-Pilot tool helps agencies with market research
Post filed in: FAS | Procurement
A new online tool is here to make the government procurement process easier for professionals in the federal government whose job it is to buy and provide great value for taxpayers.
Developed by GSA, in partnership with the Office of Management and Budget, the Procurement Co-Pilot bolsters the White House Better Contracting Initiative by improving agency access to reliable governmentwide buying data and helping eliminate duplicative data, tools, and effort.
The Procurement Co-Pilot is focused on helping acquisition professionals easily see what agencies across government have paid along with other procurement data using data powered by Hi-Def, OMB’s new acquisition data management strategy. Through the tool, these public servants will be able to:
- Review prices paid information on products purchased by agencies.
- Find vendors across all categories and sizes that work with the government.
- Find the best contract that fits the needs of their agency’s mission.
Federal employees can find the Procurement Co-Pilot on the Acquisition Gateway, which is the official online platform for government-wide acquisition programs, policies, initiatives and tools. It’s a great entry point for research and identifying opportunities.
Deep dive for government acquisition professionals
The Procurement Co-Pilot increases visibility into the data provided by our partners, which helps federal agencies make better decisions about how they spend taxpayer money. A significant data source for the Procurement Co-Pilot is GSA’s Transactional Data Reporting Program, which collects data about prices paid from thousands of Multiple Award Schedule contracts.
Acquisition Gateway is a government-wide resource that offers services and information for the entirety of the federal acquisition workforce. It is supported by GSA, and works in conjunction with other GSA-specific tools, such as the Independent Government Cost Estimate, CALC+ Pricing suite, Market Research as a Service (MRaS), and the Wireless RFQ generator.
Both types of resources are invaluable for those in the procurement field, and together provide the full picture so agencies can make informed decisions about the tools and solutions they need to meet their missions.